ARKO Corp. Files DEF 14A with Executive Compensation Details

TL;DR

<b>ARKO Corp. filed its DEF 14A, detailing executive compensation and stock award valuations for fiscal years 2020-2023.</b>

AI Summary

ARKO Corp. (ARKO) filed a Proxy Statement (DEF 14A) with the SEC on April 19, 2024. ARKO Corp. filed a DEF 14A form on April 19, 2024. The filing pertains to the fiscal year ending December 31, 2023. Key executive compensation data includes changes in fair value of stock awards. Specific focus on Arie Kotler's stock awards granted and vested during fiscal years 2020-2023. The company is incorporated in Delaware and operates in the convenience store retail sector.

Why It Matters

For investors and stakeholders tracking ARKO Corp., this filing contains several important signals. This filing provides transparency into executive compensation structures, particularly stock awards, which can influence executive decision-making and company performance. Understanding the valuation changes of stock awards for key executives like Arie Kotler offers insight into potential incentives and the company's long-term strategy.

Risk Assessment

Risk Level: low — ARKO Corp. shows low risk based on this filing. The filing is a routine DEF 14A, providing standard disclosure on executive compensation and corporate governance, with no immediate red flags.

Analyst Insight

Monitor future filings for any changes in executive compensation policies or significant stock award grants that could impact shareholder value.

Key Numbers

• 2024-04-19 — Filing Date (DEF 14A filing date)
• 2023-12-31 — Fiscal Year End (Reported fiscal year end)
• 2020-2023 — Stock Award Data Range (Fiscal years for which stock award fair value changes are detailed)

Key Players & Entities

• ARKO Corp. (company) — Filer name
• Arie Kotler (person) — Executive mentioned in relation to stock awards
• DEF 14A (regulator) — Filing type
• 2024-04-19 (date) — Filing date
• 2023-12-31 (date) — Fiscal year end
• 2020-01-01 (date) — Start of fiscal year range for stock award data
• 2023-12-31 (date) — End of fiscal year range for stock award data

FAQ

Industry Context

ARKO Corp. operates within the retail convenience store sector, a segment characterized by high transaction volumes and consumer-facing operations.

Regulatory Implications

The DEF 14A filing is a standard disclosure requirement under the Securities Exchange Act of 1934, mandating public companies to provide information on corporate governance and executive compensation.

What Investors Should Do

1. Review the full DEF 14A filing for specific details on executive compensation packages and stock award valuations.
2. Analyze the reported fiscal years (2020-2023) for trends in stock award fair value changes for key executives.
3. Compare ARKO Corp.'s executive compensation disclosures with industry peers to assess competitive practices.

Key Dates

• 2024-04-19: Filing of DEF 14A — Provides detailed information on executive compensation and corporate governance.

Year-Over-Year Comparison

This is the initial analysis of the DEF 14A filing dated April 19, 2024, and does not include comparative data from a prior filing.

Key Financial Figures

• $0.0001 — f the Company's common stock, par value $0.0001 per share (the "common stock"), availab

Filing Documents

• arko-20240419.htm (DEF 14A) — 1652KB
• img27455908_0.jpg (GRAPHIC) — 23KB
• img27455908_1.jpg (GRAPHIC) — 117KB
• img27455908_2.jpg (GRAPHIC) — 116KB
• img27455908_3.jpg (GRAPHIC) — 124KB
• img27455908_4.jpg (GRAPHIC) — 592KB
• img27455908_5.jpg (GRAPHIC) — 234KB
• 0000950170-24-046083.txt (&nbsp;) — 5640KB
• arko-20240419.xsd (EX-101.SCH) — 22KB
• arko-20240419_htm.xml (XML) — 441KB

From the Filing

DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 ARKO Corp. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 ARKO Corp. 8565 Magellan Parkway, Suite 400 Richmond, Virginia 23227-1150 To the Stockholders of ARKO Corp., You are cordially invited to attend the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of ARKO Corp. (the "Company" or "ARKO") to be held on June 6, 2024, at 10:00 a.m. Eastern Time. The Annual Meeting will be a completely virtual meeting of stockholders conducted via live audio webcast to enable our stockholders to participate from any location around the world that is convenient for them. You will be able to attend the Annual Meeting by visiting www.virtualshareholdermeeting.com/ARKO2024 . The matters expected to be acted upon at the Annual Meeting are described in detail in the accompanying Notice of Annual Meeting and proxy statement. You may cast your vote over the Internet, by telephone, or by completing and mailing a proxy card to ensure that your shares will be represented. Your vote by proxy will ensure your representation at the Annual Meeting regardless of whether or not you attend. Returning the proxy does not deprive you of your right to attend virtually and vote your shares electronically at the Annual Meeting. Thank you for your continued investment in ARKO. Arie Kotler Chairman, President and Chief Executive Officer ARKO Corp. 8565 Magellan Parkway, Suite 400 Richmond, Virginia 23227-1150 NOTICE OF THE 2024 ANNUAL MEETING OF STOCKHOLDERS To Our Stockholders: NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of ARKO Corp. (the "Company" or "ARKO") is to be held on June 6, 2024, at 10:00 a.m. Eastern Time. The Annual Meeting will be a completely virtual meeting of stockholders conducted via live audio webcast. You will be able to attend the Annual Meeting by visiting www.virtualshareholdermeeting.com/ARKO2024 . We are holding the Annual Meeting for the following purposes, which are more fully described in the proxy statement accompanying this Notice: 1. To vote to elect five (5) directors to serve until the annual meeting of stockholders in 2025 or until their respective successors are duly elected and qualified. 2. To consider and vote on a non-binding advisory resolution regarding the compensation of our named executive officers. 3. To vote on a proposal to amend the ARKO Corp. 2020 Incentive Compensation Plan (the "2020 Plan") to increase the number of shares of the Company's common stock, par value $0.0001 per share (the "common stock"), available for awards thereunder. 4. To ratify the appointment of Grant Thornton LLP ("Grant Thornton") as our independent registered public accounting firm for the 2024 fiscal year. 5. To vote on a stockholder proposal to have an independent board chairman, if properly presented at the Annual Meeting. 6. To consider any other business that is properly presented at the meeting and any adjournment or postponement thereof. You may vote if you were a record owner of our common stock (NASDAQ: ARKO) at the close of business on April 12, 2024. The Notice of Internet Availability of Proxy Materials ("Notice"), proxy statement and form of proxy are being distributed and made available on the Internet on or about April 19, 2024. As more fully described in the Notice, all stockholders may choose to access our proxy materials on the website referred to in the Notice or may request a printed set of our proxy materials. In addition, the Notice and website provide information regarding how you may request to receive proxy materials electronically or by mail. Your vote is very important. Stockholders may vote their shares (1) at the virtual Annual Meeting, (2) by telephone, (3) through the Internet in advance, or (4) by completing and mailing a proxy card if you receive your proxy materials by mail. Specific instructions for voting by telephone at 1-800-690-6903 or through the Internet (including voting deadlines) are included in the Notice and in the proxy card. For specific instructions on how to vote your shares, please refer to the instructions on the Notice, in the section titled "INFORMATION ABOUT OUR ANNUAL MEET

View Full Filing

View this DEF 14A filing on SEC EDGAR